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Reviewed 2026-06-22

BOLIVAR MEDICAL CENTER

Ownership, control, relationships, and source records for BOLIVAR MEDICAL CENTER.
Ownership receipt

What we can say clearly

BOLIVAR MEDICAL CENTER is marked red because reviewed ownership records connect the facility to private-equity ownership or control. The detailed chain and source links are below.

Finding
CMS-corroborated PE ownership record
Last reviewed
2026-06-22
Evidence
6 cited sources
Documented warningOwned or controlled by private equity

BOLIVAR MEDICAL CENTER is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for PHC-CLEVELAND LLC. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.

CMS-corroborated PE ownership record
Last verified Jun 2026
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Key sources

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Control Map

This leads to this

sponsors
Apollo Global ManagementScionHealth
reported ownership or operating chain
ScionHealthBOLIVAR MEDICAL CENTER
owns an interest in
KNIGHT HEALTHCARE NEW-A SUB, LLCBOLIVAR MEDICAL CENTER

Evidence limits

Red color requiredCCN exact match2 ownership sources checked6 total sources below

Review Note

Why this page is published

government-corroborated

Meets the Phase 3 publication standard for its displayed status

Ownership & Control

Detailed records, kept below the answer

Sponsor, operator, CMS legal-owner/control records, and facility are shown as separate evidence layers.

See the full ownership chain
sponsorsApollo Global Management → ScionHealth

The tracker supplies the sponsor-to-platform attribution; CMS does not independently reproduce every sponsor name.

reported ownership or operating chainScionHealth → BOLIVAR MEDICAL CENTER

The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows.

owns an interest inKNIGHT HEALTHCARE NEW-A SUB, LLC → BOLIVAR MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

controls or managesKINDRED HEALTHCARE OPERATING LLC → BOLIVAR MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 12/23/2021

is associated withJACQUELYN DAVIS → BOLIVAR MEDICAL CENTER

CONTRACTED MANAGING EMPLOYEE · associated 12/16/2023

governsSCOTT GRAESER → BOLIVAR MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 08/19/2022

owns an interest inKNIGHT HEALTHCARE NEW-A, LLC → BOLIVAR MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

governsDANA ROCK → BOLIVAR MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

governsJOHNETTA TRAYLOR → BOLIVAR MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

is associated withJOHNETTA TRAYLOR → BOLIVAR MEDICAL CENTER

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 12/09/2024

owns an interest inKNIGHT HEALTHCARE NEW-A P, LLC → BOLIVAR MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

governsRUSSELL PIGG → BOLIVAR MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 03/17/2025

owns an interest inKNIGHT HEALTH HOLDINGS LLC → BOLIVAR MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

governsMICHAEL BEAN → BOLIVAR MEDICAL CENTER

CORPORATE OFFICER · associated 01/21/2022

owns an interest inKNIGHT HEALTH II, LLC → BOLIVAR MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

governsALAN WENK → BOLIVAR MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 03/17/2025

  • CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.
  • Sponsor and portfolio-company labels come from the cited tracker or primary portfolio evidence.

Timeline

Ownership history and events

  1. Acquisition date reported

    Date supplied by the April 3, 2026 PE hospital tracker snapshot.

  2. owns

    The tracker identifies ScionHealth in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue04/01/2023 to 03/31/2024$71,502,742Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue04/01/2022 to 03/31/2023$52,503,069Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue04/01/2021 to 03/31/2022$52,046,058Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense04/01/2023 to 03/31/2024$71,653,259Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense04/01/2022 to 03/31/2023$58,221,789Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense04/01/2021 to 03/31/2022$54,388,940Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income04/01/2023 to 03/31/2024$1,441,731Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income04/01/2022 to 03/31/2023-$4,890,066Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income04/01/2021 to 03/31/2022-$1,445,144Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets04/01/2023 to 03/31/2024$20,176,365Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets04/01/2022 to 03/31/2023$33,140,134Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets04/01/2021 to 03/31/2022$22,333,998Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities04/01/2023 to 03/31/2024-$40,430,121Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities04/01/2022 to 03/31/2023$16,745,930Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities04/01/2021 to 03/31/2022$17,782,938Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care04/01/2022 to 03/31/2023$1,312,561Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care04/01/2021 to 03/31/2022$1,353,173Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care04/01/2020 to 03/31/2021$386,167Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees04/01/2023 to 03/31/2024333.39 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees04/01/2022 to 03/31/2023322.98 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees04/01/2021 to 03/31/2022301.57 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds04/01/2023 to 03/31/2024152 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds04/01/2022 to 03/31/2023152 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds04/01/2021 to 03/31/2022152 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days04/01/2023 to 03/31/202411,108 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days04/01/2022 to 03/31/202310,342 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days04/01/2021 to 03/31/20229,570 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges04/01/2023 to 03/31/20242,259 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges04/01/2022 to 03/31/20232,152 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges04/01/2021 to 03/31/20221,950 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.

Evidence Notes

Contradictions, limitations, and unavailable fields

Open evidence notes
Limitation

CMS corroborates an enrolled ownership chain, but its owner names do not independently reproduce every sponsor or portfolio-company name from the tracker.

Direct connection

Reported parent system or portfolio company: ScionHealth.

Direct connection

Reported investment sponsor: Apollo Global Management.

Download

Take the evidence with you

CSVEvidence CSV — every source with dates and URLsSpreadsheet-friendly source audit for this hospitalJSONFull evidence file JSONComplete structured evidence file exactly as published

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level DataresearchPrivate Equity Hospital TrackerPrivate Equity Stakeholder ProjectgovernmentHospital EnrollmentsCenters for Medicare & Medicaid ServicesgovernmentHospital All OwnersCenters for Medicare & Medicaid ServicesgovernmentHospital Provider Cost ReportsCenters for Medicare & Medicaid ServicesgovernmentHospital General InformationCenters for Medicare & Medicaid Services